It’s a new year and we’ve resolved to fight harder than ever for your finances
Welcome to the first edition of what we promise will be another year full of our awardwinning investing ideas, tax tricks and unparalleled money advice.
We’ve got something for everyone, from the young professional saving to buy their first property to the comfortable retiree seeking to make the most of their pension. Online this week we even published investing tips for the lucky Briton who won a £115m jackpot in the New Year’s Day EuroMillions draw. Like I said – something for everyone.
It’s customary at this time of year for people to take stock of their lives and set themselves goals for the year ahead. These are typically health-related, but it’s a good time to review your finances, too. I, for one, swam against the tide and cancelled my expensive gym membership on Jan 2.
There are many ways to keep on top of your money: comb your bank statements for rogue transactions, cancel direct debits for unwanted services, set up automatic transfers into savings or pension accounts, shop around for the best energy or mortgage deals and avoid a life of denial by keeping a financial diary.
But of course, we can’t do it all ourselves. Policymakers and financial institutions must play their part in making sure consumers can earn, save, invest, grow and spend their money in the fairest and easiest way possible.
In today’s cover story we lay out what we want to see from the Government and industry in 2019, from higher savings rates and better investor protections to urgent action on bank fraud and tax simplification.
We’ll do our bit, too, in helping you make the most of your money in 2019. Can you believe that this January means it’s been a whole year since the collapse of Carillion? Ten years since the last Woolworths store closed, and the first Bitcoin was mined?
This is, of course, a year that will live in infamy on its own merit. It is the year of Brexit, with all the uncertainty and buying opportunities that come with it, and the year of my wedding – although that’s more of a financial consideration for me than for you (did someone say buying opportunities?).
In the year ahead we must also bid farewell to Jessica Gorst-Williams, our reputable, reliable and relentless consumer champion, who over the past two decades has won back millions of pounds for
readers. In one year alone she secured more than £1.3m in compensation for people whose money had been lost, stolen or written off. One of her biggest single successes came in 2013 when she saw to it that £160,000 worth of life assurance policies were returned to a couple. Three years later, she freed a reader from £114,000 of historic debt. She tells you herself about her biggest wins of last year on page 4.
Jessica is a master of her trade, loved by readers and respected by the
With a bang: London celebrated the beginning of 2019 with a spectacular fireworks display